You are intelligent.
You are clever.
You are a great financial analyst.
You are a stock-picker.
You have been watching Disneyโs outstanding movies for years.
Your kids are great fans too.
You have spent hours queuing with them at Disneyland.
5 years ago, you finally decided to buy Disney shares.
Yes, Disney is the biggest winner in several market categories โ theme parks, media entertainment, & family-oriented content.
You are proud of picking the winner.
โฆ
๐จ5 years go by ๐จ
โฆ
…
Today, Disney has underperformed the S&P 500 over the last 5 years.
In fact, Disney is 42% lower than it was 5 years ago, while the S&P 500 is 70% higher
Why would you ever again buy an individual stock?
Individual stocks might be great for speculators & traders, but maybe not that much for long-term investors.
As you have to be right at least two times. When you buy & when you sell.
A long-term investor in ETFs has to be right just once (when we buy) & afterwards we just need to be patient.
Are you a wise investor?
The comments section is wide open for your take on this. ๐๐๐
I am curious.
Sidenote: Aren’t the markets rather interesting right now?
If you are not confused, you are not paying attention.
๐ก๐ผ๐ป๐ฒ ๐ผ๐ณ ๐๐ ๐ฐ๐ผ๐ป๐๐ฟ๐ผ๐น๐ ๐๐ต๐ฎ๐ ๐ต๐ฎ๐ฝ๐ฝ๐ฒ๐ป๐ ๐ถ๐ป ๐๐ต๐ฒ ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐.
But we all have control over how much we save, how we allocate our assets, how often we check the market value of our portfolios (rather seldom) & how we make intelligent investment decisions (typically they are those that are NOT dominated by emotions).
Just focus on what you can control & let the chips fall where they may.
Simple, right?
But not easy.